Hong Kong: National Security Law

Lord Parkinson of Whitley Bay Excerpts
Thursday 7th January 2021

(3 years, 3 months ago)

Lords Chamber
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Baroness Kennedy of Shaws Portrait Baroness Kennedy of The Shaws (Lab) [V]
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My Lords, I entirely support all that the noble Lord, Lord Alton, said about the concerning situation in Hong Kong. I am glad to hear of the Minister’s deep concerns about what has been taking place. On Monday I met Ted Hui, one of the lawmakers who has fled from Hong Kong, concerned about his safety if he remained. He has had his assets frozen by HSBC, as have his wife and parents, who fled with him into exile. Is the Minister aware of any private meetings that have taken place between his ministerial colleagues and HSBC since the bank announced its support for the national security law? Are we concerned that Beijing is co-opting banks and international companies that have strong positions here in Britain into supporting the security law and freezing the assets of people who have been arrested? What can be done with our allies—

Lord Parkinson of Whitley Bay Portrait Lord Parkinson of Whitley Bay (Con)
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My Lords, the noble Baroness is taking time in this limited opportunity for other noble Lords.

Lord Ahmad of Wimbledon Portrait Lord Ahmad of Wimbledon (Con) [V]
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My Lords, we are acting in conjunction with our allies and have led international action in condemnation of the actions not just in Hong Kong but in mainland China. We regularly meet financial services organisations and remind them of their obligations to all their clients, but it would be inappropriate for me to comment on one specific case.